Deed - Estudillo Ave, parking lot - File 646, 1967 pt1

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zj 0 P T I O N In consideration of TEN AND NO/100-------------- ($ 10.00 --- --- ----- - --- -- _.__.__.. The receipt whereof is hcre'jy ackamied;ed, I hereby gi..,e -co the Ci of _ San Leandro, A Mtmicipal Corporation— - ci after referred to as Optionee, the option of buying, for the full Pi -ice of EIGHTY SIX THOUSAND AND N0/100 _ — _ _ _ _ _ — _ _ _ _ — _ _ s _ _ ! _ _ _ -( $ 86, 000.00 )DOLLARS the following described real property situated in the City of _ San Leandro, County of — Alameda_ — — — —, State of California, and more particularly described as follows, to wit: Optionee shall have the right to close this application at any time within _ 120 days _ _ from date hereof, and I agree to execute and deliver to Optionee, or to any one named by Optionee, a good and sufficient Grant Deed. On execution of said deed I am to be paid the further sum of EIGHTY FIVE THOUSAND NINE HUNDRED NINETY AND N0/100 _ _ _ r _ _ _($_ 85.990 _00 _ _) DOLLARS, in full payment of the purchase price of said real property; but if said option is not closed within — — 120 days _ _ _ _from date hereof, I am to retain the said sum of TEN AND NQ[100 _ - _($ 10.00 _ _ _ _)DOLLARS, so paid as aforesaid, as liquidated damages. If said Option is closed within the said —0y.S_ the amount paid as aforesaid is to be applied towards the purchase price. Time is of the essence of this contract. Dated this 9th day of November 19 6 --———————Shc.rgf' -----------�haJ_� State of California ) ss County of Alameda ) On this _ — _ day of — — — — — — —19_ , be -fore ore me, the undersigned Notary Public, personally appeared known to me to be the person_ described in and whose name_ _ _ _ subscribed to and who executed the within instrument and acknowledged to me that executed the same. — — — — Notary PL.blic in and for said Cc—unt;- and State My Commission Expires: